116
116
Feb 6, 2013
02/13
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CSPAN2
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eye 116
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very briefly, were headed tersely perfect storm of sequestration in the debt ceiling decision, which shouldn't really be a decision. all you've been hearing for the majority in the house from republicans in the senate is austerity, cuts and avoided the whole discussion of the fact that attitude and philosophy is only going to worsen the economy. if sequestration goes through that's about 660,000 jobs lost the first year in the balancing act is about creating revenue. creating revenue from sources that should be on the table that are being discussed on the table. the balancing act is a bad investment in this term with jobs, education, r&d, things we need to grow and sustain the recovery we are on. so it's an investment in this term and we recognize the deficit is an issue of our long-term than the balancing act repealing sequestration creates in this country an opportunity to continue to recover and stabilize our economy, advice and thanks for the future and put on the table of revenue that is not data needs to be part of the revenue generation in order to do with the deficit issue st
very briefly, were headed tersely perfect storm of sequestration in the debt ceiling decision, which shouldn't really be a decision. all you've been hearing for the majority in the house from republicans in the senate is austerity, cuts and avoided the whole discussion of the fact that attitude and philosophy is only going to worsen the economy. if sequestration goes through that's about 660,000 jobs lost the first year in the balancing act is about creating revenue. creating revenue from...
87
87
Feb 12, 2013
02/13
by
FBC
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eye 87
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had to be dealt with and really is the debt ceiling. lou: no problem with that. >> if you listen to the now they're trying to switch to this message. the number two guy in the house gave a speech at the american institute. american enterprise institute clearly talking, stressing quality of life issues for middle-class families. listen to what he says. the republican response to the state of the union. he will be talking about that. they are trying to picture of some of these fiscal fights to a more quality of life america economic well-being argument. lou: i think the pivot will be looking for it. cannot wait for the reality. and thank you both. >> thank you. lou: president obama awarded the medal of honor to clinton from a share, a former active duty army staff sergeant who fought off a 2009 television attack in afghanistan. the 31 year-old rallied 53 of our troops who obama's says were outnumbered, outgunned, almost overrun. it was a date as long fire fight against 300 heavily armed taliban and insurgence. a combat outpost, and isolat
had to be dealt with and really is the debt ceiling. lou: no problem with that. >> if you listen to the now they're trying to switch to this message. the number two guy in the house gave a speech at the american institute. american enterprise institute clearly talking, stressing quality of life issues for middle-class families. listen to what he says. the republican response to the state of the union. he will be talking about that. they are trying to picture of some of these fiscal fights...
109
109
Feb 4, 2013
02/13
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CSPAN
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eye 109
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if republicans had gone into this issue and said they would not raise the debt ceiling unless they got cuts, there would have lost that the raid at the end. big loss that debate. john boehner and paul rand did a great job together. you cannot govern from that office, you but you have to be very careful about high-profile last-minute negotiations. i've worked in the white house and three administrations. the president has a tremendous institutional advantage in these kinds of fights. what republicans have to do is avoid these fights, the straps that they are laying. provide an alternative through passing legislation, just to show this is how they would govern if they had the powers of the presidency and the senate. and be careful. there are some rough edges. host: some are not strategy as far as moving the debt ceiling ahead. guest: if they had gone ahead with it, it would have been politically cataclysmic. it was the worst percival -- worst possible ground to make their point. president obama 1. i think it's absolutely crucial for the future of the country that you cannot govern from t
if republicans had gone into this issue and said they would not raise the debt ceiling unless they got cuts, there would have lost that the raid at the end. big loss that debate. john boehner and paul rand did a great job together. you cannot govern from that office, you but you have to be very careful about high-profile last-minute negotiations. i've worked in the white house and three administrations. the president has a tremendous institutional advantage in these kinds of fights. what...
105
105
Feb 12, 2013
02/13
by
CSPAN
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eye 105
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first of all, on the debt ceiling issue. i think the american people remember in the summer of 2011 you had lots of house republicans who were threatening not to increase the debt ceiling which means the united states would default on its obligations. it is important to understand what lifting the debt ceiling is all about. it's to provide the federal government the ability to pay for bills and obligations already owing, already owing under the law. and so if the federal government were to wake up one day and decide not to pay those bills it would be like any of us getting up one day after having gone out and bought things on a credit card and saying, you know what, we bought those things but we're not going to pay for them. and every cent of those obligations has been voted on previously by congress over the years. which is why people say so clearly, don't mess around with the public debt because -- and the u.s. debt because it would have a very negative impact on our economy and on the world economy. now, tom mentioned tha
first of all, on the debt ceiling issue. i think the american people remember in the summer of 2011 you had lots of house republicans who were threatening not to increase the debt ceiling which means the united states would default on its obligations. it is important to understand what lifting the debt ceiling is all about. it's to provide the federal government the ability to pay for bills and obligations already owing, already owing under the law. and so if the federal government were to wake...
67
67
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ceiling debate of 2011. republicans say it is now time for the president to do something. >> this week, i'm pleased to join my leadership in putting forward the require a plan act that will say to the president two specific things. put a budget in place that balances with a continue-year period of time, but if you don't, tell us when it does. tell us when your plan balances. families and businesses across the great nation must work on a balanced budget. they can't borrow and spend as far as the eye can see. this president, it's time for him to step up, put forward a balanced budget or tell us when his budget will balance. >> for more on what we expect to hear from the president, we want to bring in my colleague and friend, john king in washington. john we know the president will try to kick the can forward here, talk about the need for revenue, as well as spending cuts but not deep cuts that everybody's concerned. what do we expect? >> a familiar haunt for both of us, the white house briefing room. using the
ceiling debate of 2011. republicans say it is now time for the president to do something. >> this week, i'm pleased to join my leadership in putting forward the require a plan act that will say to the president two specific things. put a budget in place that balances with a continue-year period of time, but if you don't, tell us when it does. tell us when your plan balances. families and businesses across the great nation must work on a balanced budget. they can't borrow and spend as far...
107
107
Feb 12, 2013
02/13
by
MSNBCW
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eye 107
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ceiling crisis. all of which are in front of us. to solve those, and resolve them s successfully for the country, the president does have to work with republicans. that's something he's had a hard time doing in his first term, and now it appears he doesn't want to work with them at all. and that's too bad. this isn't 2009. he doesn't have overwhelming majorities in both houses. to get something done, he'll have to bring a republican house on board to work with him, just like bill clinton did, it's not that hard to do. and he's going to have to work with a closely divided senate. so honestly, so far, we haven't seen much in terms of that tone or attitude. i'm hopeful we'll see a shift tonight, but frankly, i'm prepared to be disappointed. because i have been so far. >> well, congressman tom cole, thank you so much for coming on the program. >> thank you, chris. >>> the u.n. security council is holding an emergency meeting this morning after north korea's laterest nuclear test. early readings show this
ceiling crisis. all of which are in front of us. to solve those, and resolve them s successfully for the country, the president does have to work with republicans. that's something he's had a hard time doing in his first term, and now it appears he doesn't want to work with them at all. and that's too bad. this isn't 2009. he doesn't have overwhelming majorities in both houses. to get something done, he'll have to bring a republican house on board to work with him, just like bill clinton did,...
206
206
Feb 12, 2013
02/13
by
FBC
tv
eye 206
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quote 1
they caved on the debt ceiling issue. >> you're right. he definitely thinks he has their number and he will act like it. i do think there is a notion that i think you know every winning party, every second-term president i think, every victorious party in general overplays its hands, right? george bush did when he was reelected. republicans did when they seized control in 2010 of the house. i think, democrats know this feeling well. they always overplay their hand. they always read too much in an election. as i try to remind people. the president won an election, one of the consequences of which was raising taxes on the well to do. i think that is a fair consequence of an election he won and campaigned on that. he didn't win on the notion that he shouldn't address the ills of spending and debt that piled up to the degree they have. so a pox on both parties if they fail at this moment to seize this. but my worry about this otherwise very good news on the budget numbers is we're going to use it as an excuse not to address budget issues beca
they caved on the debt ceiling issue. >> you're right. he definitely thinks he has their number and he will act like it. i do think there is a notion that i think you know every winning party, every second-term president i think, every victorious party in general overplays its hands, right? george bush did when he was reelected. republicans did when they seized control in 2010 of the house. i think, democrats know this feeling well. they always overplay their hand. they always read too...
124
124
Feb 11, 2013
02/13
by
CNBC
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eye 124
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' fangs with respect to the debt ceiling. that's probably the big risk that the market was worried about. >> you made recent changes to your 2013 allocation strategy. some of them are interesting. high volatility u.s. large caps and micro cap stocks. it would seem you're increasing the beta place. when you say u.s. large cap volatile stocks, what do you mean by that? >> well, we believe that there's an evolution in the asset classes that investors are going to be tapping into in the next decade. you know, if you look back over the last 20 years, people spent a lot of time arguing, what was the value stock, what was a growth stock. and a lot of times it was in the eye of the beholder. volatility is a much more objective mesh yasure of what a stock is. you can do very good long term, 80 and 90-year analysis of what this asset class means. and right now, we show high volatility stocks have been beaten down very, very much in the rally, relative to low volatility, sort of bond proxy stocks. that suggests to us that they're one of
' fangs with respect to the debt ceiling. that's probably the big risk that the market was worried about. >> you made recent changes to your 2013 allocation strategy. some of them are interesting. high volatility u.s. large caps and micro cap stocks. it would seem you're increasing the beta place. when you say u.s. large cap volatile stocks, what do you mean by that? >> well, we believe that there's an evolution in the asset classes that investors are going to be tapping into in the...